Curaçao is set to adjust its tax policy in response to new international developments surrounding the OECD’s “Pillar 2” global minimum tax framework, with Minister of Finance Charles Cooper announcing a tailored approach aimed at maintaining the island’s competitiveness.
According to the minister, the government has decided not to introduce a Qualified Domestic Minimum Top-up Tax (QDMTT) for the time being. The decision follows consultations and research involving the financial sector, which indicated that such a measure could make Curaçao less attractive to international companies, particularly U.S.-based multinationals.
